Has Trump fooled Canadian PM Carney by pretending to negotiate and suddenly doubling steel tariffs to 50%?
Last Updated: 27.06.2025 02:06
US importers won’t order inventory for fear that the tariffs will double once the goods are in transit and they will have no choice but to “eat” a 25% increase in COGS.
Include a section on why changing tariff rates on a near-daily basis, making it impossible for businesses to plan, is going to lift the economy?
The only people trump has fooled is his dwindling band of supporters.
But perhaps the OP can explain to the rest of us why it’s GOOD to raise the price of 23% of our steel by 50%. Be sure to touch on why much higher car prices are good for the economy and the American consumer.
No one is even going to consider building new production facilities in the US as long as a climate of chaos remains.
Tell us all how America’s reputation, which has been shattered by The Mad King, will improve thanks to this latest knee-jerk reaction?
We’re watching a bully who never grew up, trying to throw his weight around to patch the holes in his fragile ego, while destroying a global economy and America’s standing in the world.
No way it’s yet another uncontrolled outburst by an idiot in rapid cognitive decline who is freaking out (that’s the medical term) because his moronic Global Trade War blew up in his face.
Yeah. That’s it. 5D chess. Definitely.
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